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MI area data

Pelkie, MI

Pelkie, MI.

Population: 911 (Census ACS)

Home values & appreciation

Median home value
$162,749
1-year appreciation
+3.8%
3-year appreciation
-8.7%
5-year appreciation
+5.2%
All-time peak (2023-05)
$184,162
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$140,000
Median list price
$299,900
Median days on market
171 days
Sale-to-list ratio
90.3%
Active listings
5
1-year forecast
+0.9%

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
winterWeather, coldWave
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
41.0°F
Average high
52.0°F
Average low
30.0°F

Walkability & transit

Walkability index
5.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Keweenaw National Historical Park (25 mi)
Nearest airport
Baraga Airport (5 mi)
Nearest major airport
Houghton County Memorial Airport (CMX) (25 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (3.6 kWh/m²/day)

Migration

Net migration
-179 tax filers

Housing stock

Median year housing built
1,958
Median annual property tax
$1,429
Mean commute to work
29 min
Households with broadband internet
67.3%

Employment & development

Total county employment
8,778
Average weekly wage
$882
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
103

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents